leadership transition News

Francois Provost Takes the Helm at Renault: A New Era Begins with Veteran Leadership

Renault SA appoints Francois Provost as new CEO and Chairman, effective July 31. With 23 years at Renault, Provost's expertise is expected to drive the company's strategic plans fo...

Suresh Narayanan Retires After a Decade of Transformational Leadership at Nestlé India

Suresh Narayanan retires after a decade at Nestlé India, leaving behind a legacy of growth, innovation, and the successful revival of the Maggi brand. Under his leadership, the com...

RBI Grants Extension to IndusInd Bank's Interim Executive Committee Amid Leadership Transition

The RBI has extended the term of IndusInd Bank's interim executive committee until August 2025 or until a new CEO is appointed, following the resignation of the previous CEO over a...

BP Welcomes Albert Manifold as New Chairman, Signaling a New Era for the Energy Giant

BP plc appoints Albert Manifold as new chairman, replacing Helge Lund. Manifold, former CEO of CRH Plc, joins the board in September, aiming to lead BP in meeting global energy dem...

HSBC Expands Global Hunt for New Chairman Amidst High-Profile Declinations

HSBC Holdings plc faces challenges in selecting a new chairman from over 100 candidates, with high-profile executives declining offers. The bank may turn to its current board for l...

Amisha Jain Takes the Helm at Arvind Fashions: A New Era Begins with Ex-Levi's Executive

Arvind Fashions appoints Amisha Jain, former Levi Strauss & Co. executive, as its new MD & CEO, succeeding Shailesh Chaturvedi. Jain's leadership is expected to usher in a new era ...

Renault Shakes Up Leadership: CFO Duncan Minto Steps In as Interim CEO Amidst Financial Adjustments

Renault Group appoints CFO Duncan Minto as Interim CEO, with a search for a permanent leader underway. The company reports a first-half revenue of €27.6 billion and adjusts its ful...

Simon Trott Steps Up: Rio Tinto Names Iron Ore Chief as New CEO to Drive Shareholder Value

Rio Tinto announces Simon Trott, its Iron Ore Chief Executive, as the new CEO, aiming to drive shareholder value through operational excellence. Trott replaces Jakob Stausholm, wit...

Veteran R Doraiswamy Steps Up as New CEO of LIC, Marking a New Era for India's Insurance Giant

R Doraiswamy, a veteran with 39 years at LIC, has been appointed as the new CEO & MD of India's largest life insurer, succeeding Sat Pal Bhanoo. His leadership is expected to usher...

Wipro Consumer Care and Lighting Announces Kumar Chander as New CEO Starting February 1

Wipro Consumer Care and Lighting (WCCL) names Kumar Chander as the new CEO, succeeding Vineet Agrawal, effective February 1 next year. Chander's current role as President for South...

BioNTech Welcomes Ramon Zapata-Gomez as New CFO to Drive Future Growth

BioNTech SE appoints Ramon Zapata-Gomez as new CFO, effective July 1, 2025, succeeding Jens Holstein. With extensive experience from Novartis, Zapata-Gomez is set to bring global f...

Warren Buffett to Pass the Torch: Greg Abel Named as Successor to Lead Berkshire Hathaway

Berkshire Hathaway's board unanimously approves Greg Abel as the next CEO, with Warren Buffett staying on as chairman. Abel, currently vice chairman and CEO of Berkshire Hathaway E...

Warren Buffett Announces Retirement: Greg Abel to Succeed as Berkshire Hathaway's New CEO

Warren Buffett announces his retirement as CEO of Berkshire Hathaway, naming Greg Abel as his successor. This marks the end of Buffett's 53-year leadership, with the transition set...

Nestle Announces Leadership Transition: Jeff Hamilton to Take Helm as Americas CEO

Nestle appoints Jeff Hamilton as the new CEO of Zone Americas, effective July 1, replacing retiring Steve Presley. Hamilton brings vast international experience to the role, with N...

Nestle Announces Leadership Transition: Jeff Hamilton to Succeed Steve Presley as Americas CEO

Nestle appoints Jeff Hamilton as the new CEO of Zone Americas, replacing Steve Presley who retires after nearly 30 years. Hamilton brings vast international experience to the role.

Mercedes-Benz USA Welcomes Adam Chamberlain as New CEO and Sales Leader

Mercedes-Benz USA appoints Adam Chamberlain as the new CEO and Head of Marketing and Sales, succeeding Dimitris Psillakis, who will remain as a Senior Strategic Adviser. Chamberlai...

Joe Creed to Lead Caterpillar as New CEO: A New Era Begins May 1

Caterpillar announces Joe Creed as the new CEO effective May 1, succeeding D. James Umpleby III who transitions to Executive Chairman. Creed's 28-year tenure and diverse roles with...

Caterpillar Announces Joe Creed as New CEO, Marking a New Era Starting May 1

Caterpillar Inc. announces Joe Creed as its new CEO effective May 1, with D. James Umpleby III transitioning to Executive Chairman. Creed, with 28 years at Caterpillar, is set to l...

Spirit Airlines CEO Steps Down Following Successful Bankruptcy Exit: What's Next for the Airline?

Spirit Airlines CEO Ted Christie resigns post-bankruptcy, with an interim team of executives taking over. The airline faces a leadership transition as it moves forward from financi...

Spirit Airlines CEO Steps Down Following Successful Bankruptcy Recovery and Restructuring

Spirit Airlines announces CEO Ted Christie's resignation post-bankruptcy, with an interim leadership team stepping in. Key executives are reshuffled as the airline seeks a fresh st...

Spirit Airlines CEO Steps Down Following Successful Bankruptcy Exit, Leadership Team Takes Over

Spirit Airlines CEO Ted Christie resigns post-bankruptcy, with an interim leadership team stepping in to guide the airline. Key executives depart as the company seeks a permanent C...

Spirit Airlines CEO Ted Christie Steps Down Following Successful Bankruptcy Exit

Spirit Airlines CEO Ted Christie resigns post-bankruptcy, with an interim leadership team stepping in. The airline also announces other executive changes, signaling a fresh start.

BP Chairman Helge Lund Announces 2026 Departure, Board Begins Search for Successor

BP plc has begun searching for a new chairman as Helge Lund plans to step down in 2026, aiming for a smooth transition to continue the company's strategic growth and shareholder va...

Intel Announces Lip-Bu Tan as New CEO to Lead Tech Giant's Next Chapter

Intel Corporation appoints Lip-Bu Tan as the new CEO, effective March 18. Tan, with a rich background in the tech industry and a proven track record of creating shareholder value, ...

Zoho Corp's Sridhar Vembu Steps Down as CEO to Pioneer AI Research and Rural Development

Sridhar Vembu steps down as Zoho Corp CEO to focus on AI research and rural development, with leadership changes announced to steer the company forward.

JPMorgan Chase COO Daniel Pinto Announces Retirement, Jenn Piepszak Steps Up

JPMorgan Chase announces the retirement of COO Daniel Pinto by next year, with Jenn Piepszak stepping in as the new COO. Pinto, who has been a key leader since 2018, will leave a l...